For banks & credit unions Archives

What Checking Account Data Revealed About Revolving Debt and the Opportunities for Financial Institutions

Nickels partnered with five financial institutions ranging from $200M to $7B in assets. We analyzed a year’s worth of their customer checking account data and...

Nickels 14.12.2022

8 minutes read time

For banks & credit unions

The Revolvers Among Us: How Identifying Them Can Unlock Loan Growth and Improve Member Financial Well-Being

Nickels partnered with five credit unions ranging from $200M to $7B in assets. We analyzed a year’s worth of their member checking account data and...

Nickels 28.11.2022

7 minutes read time

For banks & credit unions

Why Aren’t Smaller Financial Institutions Refinancing Their Consumers’ Third-Party Credit Card Debt?

Credit cards have become an integral part of most consumers’ financial lives and it’s no wonder why – they provide financial flexibility, revolving access to...

Peter Carleton 04.11.2022

5 minutes read time

For banks & credit unions

Nickels Announces $4.0 Million Seed Financing Round

ANN ARBOR, Michigan, Oct. 12, 2022 – Nickels, a fintech company that helps banks and credit unions improve their consumers’ credit card health and unlock...

Peter Carleton 12.10.2022

3 minutes read time

For banks & credit unions

Consumer Financial Wellness: The Key to Better Banking Outcomes

The current state of banking is centered around products and services that are financially beneficial for the institutions offering them, but rarely for the consumers...

Peter Carleton 02.10.2022

8 minutes read time

For banks & credit unions

Using Reciprocity to Expand Your Indirect Auto Member Relationship

Have you ever received a survey in the mail with a dollar bill included? Or have you ever opened an envelope from a non-profit to...

Nickels 07.05.2022

3 minutes read time

For banks & credit unions

Fintech Leaders Offer Their Top Predictions for 2022

2021 was a busy year for the fintech community. Buy Now Pay Later (BNPL) became ubiquitous. Financial Health felt a positive impact fueled by the...

Nickels 28.12.2021

4 minutes read time

For banks & credit unions

Credit Card Health: The Missing Piece of Financial Health

In the face of ongoing COVID-related financial stressors and shifting buying behaviors, the “Financial Health” conversation has become more relevant than ever. Now that almost 40%...

Nickels 04.11.2021

6 minutes read time

For banks & credit unions

Parting Thoughts on Fintech and Credit Unions from a 33-Year Chief Credit Officer

Nickels Advisor Bill Zysk recently ended his long tenure at PSECU in order to guide fintechs. Here’s his candid advice. In my role as...

Bill Zysk 27.10.2021

9 minutes read time